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Zonte Metals discovers a second gravity anomaly and commences drilling at the Cross Hills IOCG project.29.10.2019 | 21:00 Uhr | CNW
HALIFAX, Oct. 29, 2019 - Zonte Metals is pleased to announce the discovery of a second large gravity anomaly and commences drilling at the K6 target on its Cross Hills IOCG project. The recently completed gravity survey was carried out over two separate areas; a southern block covering the K6 and K8 areas and a northern block covering the high priority Dunns Mountain target - Carols Hat area. As press released on October 8, the Company announced the discovery of the K6 gravity anomaly. Additional processing and 3D inversion modelling of the data has identified a second anomaly on the southern block called the K7 target, sitting 1.7 kilometers south of the K6 target. The K7 gravity anomaly, which sits adjacent to a strong magnetic high is located approximately 130m below surface and appears to be a cohesive target extending vertically. Additional work will be required in this area to help better define the full extents of the target. Outcrop exposure is limited in the target area, however, IOCG characteristics of the rock units, including potassic, calcic and sodic alteration are observed in an altered porphyritic unit. One single line of deep penetrating Induced Polarization/Resistivity (IP) surveying was performed over the gravity target and showed an increase of chargeability and resistivity in direct correlation with the gravity response. A reconnaissance MMI (mobile metal ion) soil sampling program was also performed in the area. A total of 15 samples were collected despite the lack of quality sites. The results returned elevated copper near and around the K7 gravity and IP anomaly. An image of the target area is illustrated at http://www.zontemetals.com/projects/cross-hill-project/ . Additional results including those from the Dunn's Mountain area will be released once data processing and interpretation has been completed. The Company is also pleased to announce drilling has commenced at the K6 target. As noted in the October 8, 2019 press release, the program will test the strong gravity response which sits just below and adjacent to the strong magnetic anomaly. The K6 target exhibits typical IOGC related geophysical signatures, IOCG related alteration and spatially related copper mineralization at surface. The Company would like to acknowledge the Province of Newfoundland and Labrador for its financial support through the junior exploration assistance program exploration for work performed on the Cross Hills Property. Qualified Person Soil Sampling Protocol QA/QC About Zonte Forward-Looking Information SOURCE Zonte Metals Inc.
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